median 1,897 €/m² for comparable properties
Rent covers ~ 58% of the payment
~ 567 €/mo rent · you top up ~ 409 €/mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Cveten Kvartal (81 properties)
Fair investment rating
The rent covers 99% of the payment — you top up about 6 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced at the typical price (the median) for 2-room apartments in Cveten Kvartal (81 properties) — 1,831 €/m² against 1,967 €/m².
The offered property is a two-room apartment with a yard, located in Tsveten kvartal, Varna. The layout includes an entrance hall, spacious living room with kitchenette, bedroom, bathroom, and two storage rooms, allowing functional use of the space and the possibility to convert it into a three-room apartment. The dwelling is on the ground floor of a brick building with a shared yard of 60 sq m and a basement room of 36 sq m. The property requires partial renovation but is part of a gated complex with access to the yard. The location is convenient, close to shops, schools, kindergartens, and transport links, in a quiet and green environment. The property is suitable for family living with good functionality and investment potential.
With 20% down over 20 years the monthly mortgage payment is about 488 €, against an expected local rent of 482 €. The rent covers 99% of it.
The asking price has fallen by 10,000 € (8.3%) since it was first listed.
Source: Market statistics for 2-room apartments in Cveten Kvartal
Derived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate?
Because: The price has been cut once, by about 8%.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,897 €/m² for comparable properties
Rent covers ~ 58% of the payment
~ 567 €/mo rent · you top up ~ 409 €/mo
median 1,897 €/m² for comparable properties
Rent covers ~ 58% of the payment
~ 567 €/mo rent · you top up ~ 417 €/mo
median 1,967 €/m² for comparable properties
Rent covers ~ 60% of the payment
~ 482 €/mo rent · you top up ~ 324 €/mo
median 1,914 €/m² for comparable properties
Rent covers ~ 85% of the payment
~ 506 €/mo rent · you top up ~ 90 €/mo
median 1,897 €/m² for comparable properties
Rent covers ~ 67% of the payment
~ 567 €/mo rent · you top up ~ 285 €/mo
median 1,967 €/m² for comparable properties
Rent covers ~ 99% of the payment
~ 482 €/mo rent · you top up ~ 6 €/mo
median 1,967 €/m² for comparable properties
Rent covers ~ 123% of the payment
~ 482 €/mo rent · pays for itself in ~ 15 yrs
median 1,971 €/m² for comparable properties
Rent covers ~ 52% of the payment
~ 692 €/mo rent · you top up ~ 639 €/mo